The fiscal responsibilities of government

Malcolm Sawyer ()

Chapter 3 in A Modern Guide to State Intervention, 2019, pp 85-96 from Edward Elgar Publishing

Abstract: Sawyer focuses on the fiscal responsibilities of governments and the nature of the objectives to be achieved through fiscal policies, examines the nature of the government budget position (deficit or surplus), and considers the difficulties and constraints of using budget position to achieve full employment. However, government spending has to be financed in the sense of the agency undertaking the expenditure being in prior possession of purchasing power.

Keywords: Economics and Finance; Politics and Public Policy (search for similar items in EconPapers)
Date: 2019
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